Document Detail

Title: MONTHLY BUSINESS FIGURES - NON LIFE
Reference No.: 43009
Date: 09/11/2017
GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE MONTH OF OCTOBER 2017, Nov 2017

 

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA
FLASH FIGURES -- NON LIFE INSURERS ( Provisional & Unaudited)
GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE MONTH OF OCTOBER, 2017
(Rs. in crores)
INSURER For The Month of OCTOBER 2017 Upto OCTOBER 2017 MARKET SHARE UPTO the Month Of OCTOBER, 2017 GROWTH OVER THE CORRESPONDING PERIOD OF PREVIOUS YEAR

2017-18

2016-17

2017-18

2016-17

Royal Sundaram

249.82

216.95

1519.10

1280.76

1.76

18.61

Tata-AIG

690.50

499.72

3095.77

2476.34

3.60

25.01

Reliance General 

             380.10

                    298.69

           3,325.41

            2,618.99

3.86

26.97

IFFCO-Tokio

631.29

374.75

2874.56

2510.79

3.34

14.49

ICICI-Lombard

1,088

865.99

7,581.41

6,431.08

8.81

17.89

Bajaj Allianz

630.81

516.53

5,437.68

4,193.81

6.32

29.66

HDFC ERGO General#

643.96

369.44

4,363.97

3,198.10

5.07

36.46

Cholamandalam

342.64

261.86

2486.38

1731.80

2.89

43.57

Future Generali 

167.16

185.79

1109.97

1010.32

1.29

9.86

Universal Sompo 

               69.12

                      56.65

             773.91

               601.02

0.90

28.77

Shriram General 

174.47

160.46

1154.58

1026.59

1.34

12.47

Bharti AXA General 

213.18

122.24

996.72

766.59

1.16

30.02

Raheja QBE 

7.22

5.21

43.38

31.91

0.05

35.94

SBI General

             378.55

                    166.79

           1,967.65

            1,361.44

2.29

44.53

Magma HDI

49.89

37.99

274.78

224.93

0.32

22.16

Liberty

78

55

474

339

0.55

39.82

Kotak Mahindra

14.57

7.69

92.44

33.09

0.11

179.36

Private Sector Gen. Insurers Total

5808.97

4201.75

37571.71

29836.56

43.64

25.93

Star Health & Allied Insurance

273.12

193.52

1831.48

1306.15

2.13

40.22

Apollo MUNICH

119.86

87.68

718.26

550.94

0.83

30.37

Max BUPA 

               56.88

                      43.31

             383.96

               303.74

0.45

26.41

Religare

77.76

51.62

552.4

354.92

0.64

55.64

Cigna TTK

22.31

15.24

157.07

112.65

0.18

39.43

Aditya Birla Health **

20.02

0.76

116.21

0.76

0.13

15190.79

Stand-alone Pvt Health Insurers

569.95

392.13

3759.38

2629.16

4.37

42.99

New India

2150.57

2102.97

12953.11

10948.29

15.04

18.31

National 

2025.51

1720.46

9495.19

8065.23

11.03

17.73

United India

1523.50

1763.26

9171.89

9413.52

10.65

-2.57

Oriental

1009.89

1102.87

6647.47

6327.47

7.72

5.06

Public Sector Insurers Total

6709.47

6689.56

38267.66

34754.51

44.45

10.11

ECGC

98.27

102.2

661.89

657.53

0.77

0.66

AIC

350.94

449.27

5836.61

4698.31

6.78

24.23

Specialized PSU Insurers

449.21

551.47

6498.50

5355.84

7.55

21.33

PRIVATE TOTAL

6378.92

4593.88

41331.09

32465.72

48.01

27.31

PUBLIC TOTAL

7158.68

7241.03

44766.16

40110.35

51.99

11.61

GRAND TOTAL 

13537.60

11834.91

86097.25

72576.07

100.00

18.63

Note: Compiled on the basis of data submitted by the Insurance companies     

** commenced operations in October 2016 

# 1.The Insurance Regulatory and Development Authority of India (IRDAI), vide letter dated August 14, 2017 has given final approval in respect of merger of HDFC Ergo General Insurance Co. Ltd. with HDFC General Insurance Ltd. ( formerly Known as L&T General Insurance Co.Ltd.). The merged entity is known as HDFC ERGO General Insurance Co.Ltd.                                                                                                                                                                        

 2.Figures for Previous Year pertain to HDFC ERGO and HDFC General Insurance Ltd. (Formerly known as L & T General Insurance Com. Ltd.) 

 

 

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